Andy Well Processing Plant Completed Under Budget and Ahead of Schedule

Company News

  • Processing plant construction completed under budget and ahead of schedule

  • Commissioning nearing completion and ahead of schedule

  • Treatment of stockpiled open pit and underground ore commenced

The following news article is an extract from Doray Minerals Limited's (DRM.ASX) ASX Announcement dated 29 July 2013. Please click here for a copy of the full release.

"Doray Minerals Ltd  (ASX: DRM, Doray or the Company) today announced that construction of the Company’s 200,000tpa gravity and CIP gold processing plant at the high-grade Andy Well Gold Project has reached Practical Completion (as advised by the contractor). This milestone was achieved under budget and ahead of schedule.

Commissioning of the processing plant is well advanced and ahead of schedule. Treatment of stockpiled ore from the Stage 1 open pit and initial underground mining has commenced, with first gold production expected within the next fortnight.

Doray’s Managing Director, Mr Allan Kelly, said that completion of construction was another target met on or ahead of schedule by the Company and made special mention of the project’s EPC contractor, GR Engineering Services.

“We are very pleased to be able to announce that our processing plant was completed within the contract budget set for the project and also ahead of our revised schedule following final permitting and commencement of site works in November 2012,” said Mr Kelly.

“This is a very significant achievement for Doray and I congratulate all those involved in the project so far, especially GR Engineering Services, who have done a great job,” he added.

The final remaining piece of site infrastructure, the 4.2MW diesel-fired power plant, is currently being installed and is scheduled to be commissioned in early August. In the meantime, the processing plant, site offices, and underground mine will continue to run on temporary hire generators.

The Company is pleased to advise that no lost time injuries or serious work-related medically treated injuries have occurred during the open pit mining, civil site works, construction or underground mining to date."

Category: Company News